{{Short description|International investment management firm}} {{About|the asset management firm in Massachusetts|the defunct British firm|Barings Bank}} {{Use American English|date=March 2026}} {{Use mdy dates|date=March 2026}} {{Infobox company | name = Barings | logo = Barings logo (2016).svg | type = Subsidiary | traded_as = | industry = Financial services | founded = {{sda|1762}}<ref name="foundation">{{cite web|url=https://www.ft.com/content/c209ba5e-383f-11d9-991f-00000e2511c8|title=Final Step in Dismemberment of BAM|author=Tony Tassell|publisher=Financial Times|date=17 November 2004|accessdate=10 October 2013|location=UK }}</ref> | founder = | location = Charlotte, North Carolina | area_served = Worldwide | key_people = Mike Freno<ref>{{Cite web|last=Choudhury|first=Saheli Roy|date=2019-04-25|title=Barings CEO: We 'won't be going to Russia anytime soon'|url=https://www.cnbc.com/2019/04/25/financial-services-firm-barings-wont-be-going-to-russia-anytime-soon.html|access-date=2020-06-11|website=CNBC|language=en}}</ref><ref>{{Cite web|title=PIMCO, GoldenTree Execs Warn of Investing's New Table Stakes|url=https://www.institutionalinvestor.com/article/b1804y02653c6c/pimco,-goldentree-execs-warn-of-investing%E2%80%99s-new-table-stakes|access-date=2020-06-11|website=Institutional Investor|language=en-gb}}</ref><ref>{{Cite web|last=Shaffer|first=Leslie|date=2017-09-17|title=Where big money investors are putting their fixed income dollars|url=https://www.cnbc.com/2017/09/16/where-big-money-investors-are-putting-their-fixed-income-dollars.html|access-date=2020-06-11|website=CNBC|language=en}}</ref> <br>(chairman and CEO) | products = Asset management | revenue = | net_income = | aum = US$481 billion (March 2026)<ref name="barings.com">{{Cite web|url=https://www.barings.com/en-us/guest|title=Barings.com|website=www.barings.com|date=5 February 2022 |access-date=2024-01-10}}</ref> | assets = | owner = MassMutual Financial Group, MS&AD Insurance Group | parent = Massachusetts Mutual Life Insurance Company | equity = | num_employees = 2,000+ employees globally<ref name=Newlands17 /> | website = [http://www.barings.com/ www.barings.com] }}
'''Barings LLC''' is a global alternative investment management firm. It operates as a subsidiary of MassMutual Financial Group, a diversified financial services organization, and MS&AD Insurance Group, a Japanese insurance company.<ref>{{cite web|url=http://www.bizjournals.com/boston/stories/2004/11/22/daily9.html|title=MassMutual to buy Baring Asset unit|author= |publisher=BizJournal|date=20 November 2004|accessdate=20 June 2013|location=UK }}</ref>
As of March 31, 2026 Barings held US$481+ billion in assets under management.<ref name="financialbuzz.com">{{Cite web|date=June 30, 2021|title=Barings Website - About Us|url=https://www.barings.com/us/guest/about-us|url-status=live|archive-url=https://web.archive.org/web/20200208025242/https://www.barings.com/us/guest/about-us |archive-date=2020-02-08 |access-date=|website=www.barings.com}}</ref> Barings has over 2,000 professionals and 34 offices around the globe.<ref name=Newlands17 />
== Services == Barings is a global alternative asset manager that partners with institutional, insurance, and wealth clients, and supports leading businesses with flexible financing solutions. The firm seeks to deliver excess returns by leveraging its global scale and capabilities across credit, real assets, capital solutions and emerging markets.<ref>{{Cite web |title=Who We Are |url=https://www.barings.com/en-us/guest/about/who-we-are |website=Barings}}</ref>
== History == {{Main|Barings Bank|Baring family}} Barings, originally established as a firm of merchants and merchant bankers, was formed in London in 1762.<ref name="foundation"/>
In the 1950s, Barings realised the potential of asset management and set up its own investment department in 1955.<ref>{{cite web|url= http://www.risksandrewards.org.uk/background_history_130.html|title= Risks and Rewards: Merchant banking|publisher= Risk and Rewards|accessdate= 20 June 2013 |location=UK }}</ref><ref>{{cite web|url=http://www.baringarchive.org.uk/features_exhibitions/timeline|title=Timeline (1950s)|publisher=The Baring Archive(charity)|accessdate=10 October 2013|location=UK|archive-url=https://web.archive.org/web/20131014214835/http://www.baringarchive.org.uk/features_exhibitions/timeline/|archive-date=14 October 2013|url-status=dead}}</ref> Clients were corporate clients, sovereign connections, pension funds and charitable institutions. In the 1970s, Barings expanded this business internationally with offices in the Far East, North America and Europe.<ref>{{cite web|url=http://www.investoffshoredirect.com/Default/Baring_Asset_Management|title=Baring Asset Management|publisher=Invest offshore directly|accessdate=20 June 2013|location=UK|archive-url=https://web.archive.org/web/20130930041054/http://www.investoffshoredirect.com/Default/Baring_Asset_Management|archive-date=30 September 2013|url-status=dead}}</ref> In 1989, Barings combined all of its asset management activities within Baring Asset Management Limited, headquartered in London.<ref>{{cite web|url=http://www.baringarchive.org.uk/features_exhibitions/timeline|title=Timeline (1989)|publisher=The Baring Archive(charity)|accessdate=10 October 2013|location=UK|archive-url=https://web.archive.org/web/20131014214835/http://www.baringarchive.org.uk/features_exhibitions/timeline/|archive-date=14 October 2013|url-status=dead}}</ref> In 1995, Barings Bank, the oldest investment bank in Britain, collapsed as a result of unauthorised trading by its head derivatives trader in Singapore, Nick Leeson, who was imprisoned for six and a half years in Singapore.<ref>{{cite web |year=1995 |url=http://www.rba.gov.au/PublicationsAndResearch/Bulletin/bu_nov95/bu_1195_1.pdf |title=Implications of the Barings Collapse for Bank Supervisors |publisher=Reserve Bank of Australia |accessdate=2007-11-18 |archiveurl=https://web.archive.org/web/20070901054955/http://www.rba.gov.au/PublicationsAndResearch/Bulletin/bu_nov95/bu_1195_1.pdf |archivedate=2007-09-01 |url-status=dead }}</ref> It was then bought for £1 by ING Group, a Dutch bank.<ref>{{cite magazine |year=2007 |url=http://www.time.com/time/2007/crimes/18.html |title=The Collapse of Barings Bank, 1995 |author=Howard Chua-Eoan |magazine=Time |accessdate=November 16, 2007 |archiveurl=https://web.archive.org/web/20071116030228/http://www.time.com/time/2007/crimes/18.html |archivedate=2007-11-16 |url-status=dead }}</ref>
In March 2005, Baring Asset Management was split and Massachusetts Mutual Life Insurance Company (MassMutual) acquired Baring Asset Management's investment management activities and the rights to use the Baring Asset Management name.<ref>{{cite web|url=https://news.bbc.co.uk/2/hi/business/4031649.stm|title= ING ends link with Baring name|publisher= BBC News|date=22 November 2004|location=UK }}</ref><ref>{{cite web|url=http://archive.boston.com/business/articles/2004/11/23/massmutual_to_buy_part_of_barings_business/|title= Business: MassMutual to buy part of Barings business|publisher= Boston.com|date=23 November 2004}}</ref> Northern Trust acquired Baring Asset Management’s Financial Services Group.<ref>{{cite web|url= http://www.efinancialnews.com/story/2004-11-22/ing-sells-baring-asset-management|title= ING sells Baring Asset Management |publisher= Financial News|date=November 22, 2004}}</ref>
In September 2016, MassMutual merged Babson Capital Management, Wood Creek Capital Management, Cornerstone Real Estate Advisers, and Baring Asset Management to form Barings.<ref name="Newlands17">{{Cite news |date=September 17, 2025 |title=Who We Are |url=https://www.barings.com/about/who-we-are |publisher=Barings}}</ref>
=== Timeline === *'''2010''' – Baring Asset Management wins the Queen’s Award for Enterprise 2010 in the International Trade Category<ref>{{cite web|url=http://www.queensawardsmagazine.com/awardwinners/search?qchar=B|title=Award Winners – Baring Asset Management Limited|publisher=The Queen’s Awards for Enterprise Magazine|accessdate=20 June 2013|location=UK|archive-url=https://web.archive.org/web/20130621193121/http://www.queensawardsmagazine.com/awardwinners/search?qchar=B|archive-date=21 June 2013|url-status=dead}}</ref> *'''2012''' – 250th Anniversary<ref>{{cite web|url=http://www.actuarialpost.co.uk/article/barings-celebrates-250th-anniversary-1674.htm|title=Barings celebrates 250th anniversary|author= |publisher=Actuarial Post|date= |accessdate=20 June 2013|location=UK }}</ref> *'''2013''' – Baring Asset Management completes acquisition of SEI Asset Korea Co., Ltd (SEIAK)<ref>{{cite web|url=https://blogs.wsj.com/moneybeat/2013/04/16/barings-enters-koreas-asset-management-market/|title=Barings Enters Korea's Asset Management Market|author= |publisher=The Wall Street Journal|date=16 April 2013 |accessdate=20 June 2013|location=UK }}</ref> *'''2016''' – Barings is formed after MassMutual merges Babson Capital Management, Wood Creek Capital Management, Cornerstone Real Estate Advisers and Baring Asset Management.<ref name=Newlands17 /> *'''2018''' - Barings Acquires Triangle Capital Corporation (Renamed Barings BDC INC.) *'''2020''' - Barings BDC Closes Merger with MVC Capital *'''2021''' - Barings BDC closes merger with Sierra Income Corporation *'''2022''' - Barings Acquires Altis Property Partners *'''2024''' - Barings Acquires Artemis Real Estate Partners *'''2026''' - MS&AD Insurance Group acquires 18% stake in Barings
== References == {{Reflist}}
== Further reading == * Philip Ziegler, The Sixth Great Power: Barings 1762-1929 (1988). London: HarperCollins Publishers Limited. {{ISBN|0-00-217508-8}}. * John Orbell (1995), Baring Brothers & Co., Limited: a history to 1939. London: Baring Brothers & Company
== External links == * [http://www.baringarchive.org.uk/ The Baring Archive]
{{Authority control}} {{Major asset management companies}} Category:Financial services companies based in the City of London Category:Financial services companies established in 1762 Category:Investment management companies of the United Kingdom ~ Category:Asset management companies